Glenbrook's Carol Coye Benson and I discussed B2B payments with Kevin Phalen of Bank of America this last week. Kevin is an Integrated Debt and Treasury Solutions Executive and joined the bank nine months ago, having previously held positions at JPMorgan Chase, First...
Recently a number of ecommerce merchants and traditional companies have asked us, "Can I just outsource ALL of my payment processing? I've had it!" At first we suspected that these requests were driven by PCI compliance concerns. As it turns out that's only a small...
Today at the monthly San Francisco Treasury Management Association luncheon JoAnne Tillemans, of Avalon International Strategies discussed how recent market gyrations have impacted FX hedging strategies. She shared some war stories and offered guidance to a mixed...
On Friday, NACHA announced a six month extension of the deadline for International ACH Transactions (IAT) from March 2009 to September 2009. Many smaller banks were caught by surprise by the changes necessary to support IAT. Although software vendors are prepared to...
According to Bank Technology News, SWIFT has opened an office in San Francisco (at the base of California Street) to better serve its 160 customers and potential customers on the West Coast. Welcome SWIFT!
The SWIFT Rulebook for ISO 20022 Corporate to Bank standards has been available since mid-May and is published here. The Rulebook is step 3 of a four step process to facilitate standards implementation in order to support banks and corporates attempts to automate...
A couple articles of interest at GTNews this week: Payments in Need of StandardisationJonathan Williams, Experian PaymentsCorporate treasurers are facing pressures to consolidate and standardise their processes - how can they balance these requirements?SEPA Security -...
[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.]Remittance Standards for Wire Payments [NACHA Payments]Hank FarrarSenior Vice President, CHIPSLauren HargravesSenior Vice President, Federal Reserve Bank of New YorkJames...
[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] The Return of The XML All-Star Team [NACHA Payments] Susan Colles CPA, CBASenior Vice President, Bank of AmericaRobert Blair CCMVice President, JPMorgan ChaseSusan...
[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] The Global Reach of Remote Deposit Automation [NACHA Payments] David L. PetersonExecutive Vice President, Goldleaf Financial SolutionsTodd McGuireSenior Expert, Global...
